condo: The Condo is just too small - 06/11/13 06:11 AM
I'm really sorry I bought this condo
Have you ever found yourself saying that?
Maybe its too small for your needs now...
Maybe its too far from where you are working today.
Maybe your needs have changed.
Possibly the maintenance fees are too high for what you are getting.
If this is your situation,
Give me a call I am 647 218 2414
… (2 comments)
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condo: Has reality Finally Hit Toronto Real Estate Market? - 03/06/13 07:47 AM
The Toronto Real Estate Board released its February sales number to the glee of many in financial circles. Sales Collapsed by 20% SHOUT the headlines!
http://www.torontorealestateboard.com/market_news/market_watch/2013/mw1302.pdf
In the front page chart
Condo apartments
Month over month % change - 20%
This is in direct conflict with the chart immediately below that shows new listings at 11,052 down 12% from 2012.
YET Days on Market [DOM] increased to 28.... 28 days on market is a one month supply of homes for sale A Seller's Market FIRMLY continues [in the Toronto resale market] with multiple offers on detached and semi detached properties all around … (1 comments)
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condo: Selling FSBO or Mere Listing - Where do Buyers come from? - 03/03/13 04:36 PM
For Sale By Owner Toronto
It might be tempting to save some money by trying to sell your house on your own, but consider this; Almost 1/3 rd of all sales come from agents to agent sales, who work the neighbourhood or past Client referrals, people we have worked with before.
This means that my database of past and existing purchasers is your best opportunity to getting your house sold for more money in less time.
Want to know more?
Talk to your local Toronto real estate professional
David Pylyp
416 233 9000
http://www.Facebook.com/dpylyp http://www.Twitter.com/davidpylyp … (2 comments)
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condo: Is your mortgage up for renewal? - 12/20/12 07:08 PM
We need Informed Mortgage Decisions; We believed the Bank would give us a deal at renewal for never missing a payment.
When you bought your home, you thought you were staying a while. Either you continue with your mortgage to term and renew or you may need more options.
Breaking your mortgage prior to the renewal or renegotiating may involve penalties. You may have an opportunity to benefit from the new lower rates by renewing now; even with a penalty.
We can Deal with a Renewal or Refinance
If your mortgage is with a Canadian Bank that … (2 comments)
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condo: The Status Certificate you ordered onLine is not Valid - - 11/11/12 07:39 AM
You can Order your Condominium Buildings Status Document Bundle online. A number of condominium corporations have made electronic ordering of your Status Certificate Online available and receiving all the documents online by email. This saves the condo corporation the expense and time in preparing Packages for Purchasers. These packages include the Building Declarations, By Laws, Audited Financial Statements and a Status Certificate.
CONDUIT - The standard in online Status Certificates Since 2008 D-Tech Consulting has changed the way status certificates are ordered and delivered. Condominium corporations coverage across the GTA and Ontario provide access to order status certificates from most … (0 comments)
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condo: Have you converted your Powerpoint to an Ipad Presentation? - 11/07/12 09:51 AM
Interesting that the OLD Powerpoint presentations can be updated to Keynote and played on an iPad. But the ipad is such a VISUAL medium that the TEXT seems sooo... outdated. Better to have infographics and better PIC's to illustrate the Value we provide as Real Estate Agents. I am in Toronto Canada, Reach out and say Hello.
I would love to see some other samples as Realtors move to othe rdisplay platforms.
David Pylyp
Thanks!
… (4 comments)
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condo: Larry The Landlord Caught SNIFFING his Tenants - 10/22/12 07:11 AM
Larry the Landlord Renting to Smokers?No matter your opinion on the No Smoking Bans in public places; Landlords in Toronto are also faced with the reality that after renting to Smokers the condo unit or townhouse will be less desirable to subsequent tenants.Landlords will very often need to repaint, rebroadloom and may very well need to replace fabric draperies. So who pays? http://www.realequity.ca/cases/smoking.pdfThe Landlord Tenant Boards decision interprets the "wear and tear" that 20 years ago would have been Normal to now be Tenant Damage.You can and will be held liable for repairs to bring teh unit back to a rentable condition.
Can you … (0 comments)
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condo: How will you enforce No Smoking in Rentals and Condos? - 10/16/12 12:45 PM
You know its coming.... Legislated Smoking Behaviour.
The zeal for a NON smoking society. What was a common and accepted event is now banned at work, restaurants, building entrances, outdoor patios and even soccer fields. Now with new legislation they are proposing banning smoking in all condominium units and duplexes, anything that shares a wall.
SAN RAFAEL, Calif., Oct 15 (Reuters) - A San Francisco suburb on Monday banned smoking in duplexes, condominiums and other multi-family homes, with city leaders saying they hoped to lead a wave of such regulations across California and ultimately the country.The City … (0 comments)
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condo: Landlords investing in Condos - 09/09/12 09:45 AM
If you are concerned about the quality of your investment in Toronto real estate, Why not invest your money in Canada, in Toronto,
We have an excellent opportunity and a buoyant market, with a growing metropolitan area being Toronto, Ontario, Canada.
If you would like the comfort and return on investment from knowing your money is safe and secure.
Call me at 647 218 2414,
And we will find and income and investment opportunity for you.
When you purchase a home they not only get bricks and mortar, you buy into a community and lifestyle. You create a nest egg for your future. Lets … (1 comments)
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condo: Rental Property Documentation - 09/03/12 04:50 AM
Did you make a real lease or just use the offer to lease from TREB? Offer to Lease Rental Application You have a condo and you want to rent it out.OF COURSE, you would want a tenant that will respect your property, look after the place, be courteous to the neighbors and generally obey all the terms of the lease. You want to avoid a tenant who will rip you off. Someone who will pay the rent on time.You posted your rental online and asked for; Confirmation of employment Copy of a Credit Bureau 1st and Last … (0 comments)
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condo: Can Orthophobia be Cured? - 08/23/12 06:15 AM
Do you suffer from Orthophobia?
Orthophobia is described as the fear or owning property.
Whats the Cure?
Traditional Methods include:
Exposure Therapy
Talk Therapy
Behavioral Therapy
Shopping Therapy
Gradual Exposure and Immersion
The principle of this approach involves exposure to Toronto Real Estate Prices and the gradual desensitization to orthophobia. During the sessions, you will learn to tolerate the anxiety of Principal and Interest payments triggered by exposure to your own home and growing equity with the help of relaxation techniques.
At your FIRST back yard BBQ you should be surrounded with family and friends. Plan your … (0 comments)
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condo: Windermere by the Lake - A Community Profile - 08/20/12 09:18 AM
Scant a few steps to Lake Ontario, your own access to the Gardiner Expressway at Windermere. Your own exit when proceeding east into Toronto and immediately left onto Windermere Ave.
From downtown Toronto you would exit on south Kingsway, walking would bring you directly south of Bloor west Village; with all those restaurants and specialty shops along the shopping mile.
Located in south edge of Swansea; a quick search by postal code M6S 5A2 using Hood Reports reveals the demographics that should interest you. The Walk Score shows you what is nearby, http://www.walkscore.com/nearby/15-Windermere-Ave-Toronto-ON-Canada
Sales of condominium units in the last 90 day period;
… (0 comments)
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condo: Tenants from Hell? - 07/25/12 03:56 AM
Has your Land Lord Tenant Experience been the very worst experience in your life? I've attended many a hearing at the LTT over the last 25 years and I can tell you..... My Faves? The tenant that left the [basement apartment] water running to dampen the noise from upstairs. Landlord entered to turn off the water and a dispute started. Result? Landlord was served with a restraining order to stay away from Tenant's Residence! (They lived upstairs) Rent Increases do not apply for units constructed after 1991. So Market Rent rates prevail. During the course of an upscale property eviction [non … (0 comments)
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condo: Are Toronto Condos a deal anymore? - 07/15/12 07:35 AM
Condos are usually considered starter residences with studios, one bedrooms and lofts being most desired. Singles tend to be the predominant purchasing group. As you gather and collect things for life you also gain a spouse and child. Things constantly change.We were expecting retirees to downsize and occupy smaller units, but they are embracing the housing they have and renovating to make their houses suitable for long term occupancy. This includes stair glider systems, wheelchair ramps and lifts at the front entrance plus other bath and lift aids. Walk in and Sit down Shower Conversions.In a condo we agree to follow … (0 comments)
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condo: Can Condo Owners seek Arbitration and Mediation? - 06/12/12 05:47 PM
The Ontario Government has taken heed to a private members bill to reform the Condominium Act (1998) given that it is somewhat dated and creates a process that does not give owners the right to grieve or challenge decisions made by a Board of Directors. Condominium Act Review and Public Consultation BARBARA HOLMES Heenan Blaikie The Ontario government recently announced that it would be undertaking a review of the Condominium Act and public consultation with condominium community stakeholders, including owners, residents, developers and property managers. A number of issues of concern were identified: Consumer protection for condominium buyers Condominium finances and reserve fund management Condominium board governance Accreditation of condominium managers … (0 comments)
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condo: Landlord License Fee Toronto - 06/10/12 08:30 AM
Toronto has not yet joined other municipalities to license Landlords but that may be short lived as the City looks for new sources of Revenue. The average tax appears to be at $825.00 per unit.
Condo Units in a Building are exempt.
Compulsory licensing for small landlords is rapidly spreading throughout Ontario, having come into effect most recently in Waterloo on April 1 and North Bay on May 1. Other Ontario cities which have already implemented a licensing regime are Guelph, London, Mississauga and Oshawa.
The idea appears to be contagious, and many other cities are looking at the concept, including Hamilton and Kitchener.
Waterloo’s licensing regime is typical. Licensed rental properties … (2 comments)
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condo: Is the CONDO too small already? - 05/11/12 10:19 AM
Is your place just too small? Maybe you bought pre construction. The location may have been suitable to you four years ago when you started working there. Maybe you bought with a certain family size in mind. Now you have plain outgrown it. I can do three things for you. I can help you release the equity you have in that beautiful loft or one bedroom plus den. I can help you find a more suitable property for you. I can help you with Bridge Financing to make sure you have the money going forward and that you don't have any problems with the … (1 comments)
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condo: Did you claim an HST rebate on your Condo Purchase? - 04/28/12 03:22 PM
Yes, the real estate condo market is HOT! Yes, You can flip your unit for immediate profit! Yes, You can rent your unit! Yes, Revenue Canada; affectionately referred to as CRA is made aware of the transaction. HOW you ask? You pay Land Transfer Tax on your purchase; Tarion Warranties apply. Even in a Flip there are disclosures. You can sell your unit and claim the [HST] tax on closing or if you rent your unit and provide a copy of the lease; preferably you will pay the tax and request a rebate a year later. Personally, people try to slip … (1 comments)
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condo: Mere Listings Toronto MLS - 04/07/12 05:52 AM
How would you answer this question?
Subject: MERE FSBO listing
I have a commercial/retail/industrial property that I would like listed on the MLS and was wondering how much you charge to do that?
I said ---Depending on location, sale ability and pricing I would be pleased to list the unit for you. Commissions are negotiable and competitive at 1.5 % to list, Commission to Selling broker is at 2.5% as a norm.
Today this response:
I am not looking for an agent to represent my property. I am looking for a broker that will give me a MERE FSBO … (2 comments)
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condo: New and Improved Toronto Islands - Sunnyside at Humber Bay - 04/04/12 07:40 AM
What a fabulous addition to the Toronto Humber Bay Shoreline! All the condos along Lake Shore Blvd ( Marine Parade ) will now have additional man made islands at the mouth of the Humber River Bridge towards Sunnyside! * View Larger Map The string of islands would go in at the mouth of the Humber River and extend about one kilometre from shore. The plan would take clean fill from construction jobs to build a solid earth barrier underwater that would deflect polluted Humber River water out into the lake and away from Sunnyside Beach.Above the water, the feature would look … (0 comments)
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